Beach Energy Limited

DB:BPS Stock Report

Market Cap: €1.8b

Beach Energy Valuation

Is BPS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BPS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BPS (€0.79) is trading below our estimate of fair value (€4.19)

Significantly Below Fair Value: BPS is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BPS?

Key metric: As BPS is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BPS. This is calculated by dividing BPS's market cap by their current revenue.
What is BPS's PS Ratio?
PS Ratio1.6x
SalesAU$1.80b
Market CapAU$2.94b

Price to Sales Ratio vs Peers

How does BPS's PS Ratio compare to its peers?

The above table shows the PS ratio for BPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
DR0 Deutsche Rohstoff
0.7x-3.7%€168.6m
CE2 CropEnergies
0.8x-14.0%€1.0b
VBK Verbio
0.4x7.7%€685.4m
VH2 Friedrich Vorwerk Group
1.3x10.2%€559.0m
BPS Beach Energy
1.6x4.3%€2.9b

Price-To-Sales vs Peers: BPS is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does BPS's PS Ratio compare vs other companies in the European Oil and Gas Industry?

28 CompaniesPrice / SalesEstimated GrowthMarket Cap
BPS 1.6xIndustry Avg. 1.2xNo. of Companies28PS012345+
28 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BPS is expensive based on its Price-To-Sales Ratio (1.6x) compared to the European Oil and Gas industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is BPS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BPS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: BPS is expensive based on its Price-To-Sales Ratio (1.6x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BPS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.79
€0.93
+17.7%
20.5%€1.46€0.67n/a15
Nov ’25€0.73
€0.93
+26.5%
20.5%€1.46€0.67n/a15
Oct ’25€0.70
€0.93
+32.3%
21.0%€1.48€0.68n/a16
Sep ’25€0.73
€0.95
+29.8%
24.9%€1.56€0.66n/a17
Aug ’25€0.88
€1.08
+23.1%
19.5%€1.57€0.79n/a17
Jul ’25€0.88
€1.11
+26.4%
18.8%€1.60€0.87n/a17
Jun ’25€0.98
€1.15
+17.5%
14.0%€1.57€0.95n/a17
May ’25€0.94
€1.15
+23.2%
14.0%€1.57€0.95n/a17
Apr ’25€1.07
€1.20
+12.0%
12.1%€1.56€1.00n/a17
Mar ’25€0.94
€1.16
+22.6%
13.5%€1.55€0.99n/a17
Feb ’25€0.98
€1.10
+11.7%
13.7%€1.52€0.94n/a16
Jan ’25€0.96
€1.09
+13.3%
14.6%€1.52€0.91n/a17
Dec ’24€0.87
€1.07
+23.3%
14.8%€1.50€0.90n/a17
Nov ’24€0.89
€1.07
+20.6%
14.8%€1.50€0.90€0.7317
Oct ’24€0.96
€1.09
+12.5%
13.4%€1.52€0.91€0.7017
Sep ’24€0.91
€1.07
+18.1%
15.5%€1.48€0.88€0.7319
Aug ’24€0.96
€1.15
+19.4%
19.6%€1.89€0.92€0.8819
Jul ’24€0.79
€1.12
+41.8%
20.2%€1.84€0.83€0.8819
Jun ’24€0.81
€1.11
+35.8%
20.6%€1.83€0.82€0.9818
May ’24€0.84
€1.11
+31.6%
19.6%€1.79€0.88€0.9418
Apr ’24€0.83
€1.17
+40.3%
19.3%€1.85€0.92€1.0718
Mar ’24€0.88
€1.21
+37.6%
19.1%€1.91€0.95€0.9418
Feb ’24€0.93
€1.30
+40.3%
20.8%€2.00€0.94€0.9818
Jan ’24€0.98
€1.32
+34.5%
18.0%€1.94€0.97€0.9618
Dec ’23€1.14
€1.37
+20.9%
18.1%€2.00€1.00€0.8716
Nov ’23€1.02
€1.32
+29.3%
19.9%€2.00€0.97€0.8917

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

International Seaways

US$2.0b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

IS5

US$39.13

7D

-2.2%

1Y

-9.0%

Hafnia

NOK 31.2b

Owns and operates oil product tankers in Bermuda.

RE0

NOK 5.10

7D

6.8%

1Y

-15.4%

Rubellite Energy

CA$215.6m

Rubellite Energy Inc., an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta.

6L00

CA$1.31

7D

0%

1Y

-16.0%